Jennifer HymanChief Executive Officer and Co-Founder
Rent the Runway
Jennifer Hyman and Jennifer Fleiss founded Rent the Runway in 2009 to give women a chance to wear designer garb without the huge price tag. These days, the company has expanded to a nationwide storefront presence. The company even has stylists on-hand to answer questions via phone, email and live chat. Rent the Runway received $54 million in venture capital in March 2013, and since then, has grown to accommodate more than 4 million customers, 250 employees and 200 designer partners. —Inc. Magazine, “15 Entrepreneurs to Watch in 2015,” December 2014 Jennifer Hyman is the Chief Executive Officer and Co-Founder of Rent the Runway, a business that has transformed the retail industry by making designer dress and accessory rentals a convenient and accessible luxury experience for millions of women. Since Rent the Runway’s launch in November 2009, Jennifer has managed all areas of the business including technology, fashion, sales, marketing, operations, customer service and team management, while also serving as a company spokesperson. Most well-known within the entrepreneurial and fashion communities for her unmatched marketing abilities, Jennifer was named as the Chief Marketing Officer of Fortune magazine’s “Executive Dream Team.” Jennifer has been honored with numerous recognitions including Fortune magazine’s “Trailblazers 2013,” “Most Powerful Women Entrepreneurs,” and “40 Under 40”; Forbes “Disruptors 2013”; Crain’s New York Business “40 Under 40”; Inc. Magazine’s “Top 30 Under 30” and “15 Entrepreneurs to Watch in 2015″; Fast Company’s “Most Influential Women in Technology”; and Fashionista.com’s “Most Influential People in New York Fashion.” Rent the Runway was named to the CNBC “Disruptor 50″ list and Fast Company’s “Top 10 Most Innovative Companies of 2015 In Style.” She has also appeared as a guest on NBC’s TODAY Show and ABC’s Good Morning America, among many others. Jennifer co-founded Rent the Runway with her Harvard Business School classmate Jennifer Fleiss. The company has received approximately $54 million in venture capital from Bain Capital Ventures, Highland Capital, Kleiner Perkins Caufield & Byers, Condé Nast’s parent company Advance Publications, American Express and Novel TMT Ventures. With over 5 million members, 400 employees and over 175 designer brands, Rent the Runway is pioneering an apparel business in the new sharing economy with the overall mission to democratize luxury for women everywhere.